Employed vs. self-employed physicians: Who’s earned the most in the last 5 years?

Self-employed physicians have outearned employed consistently since 2019. 

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Here is how employed and self-employed physician pay stacked up in the last five years, according to Medscape annual compensation reports. 

Employed physicians:

2023: $353,000

2022: $344,00

2021: $320,000

2020: $300,000

2019: $297,000

 

Self-employed physicians:

2023: $391,000

2022: $374,000

2021: $385,000

2020: $352,000

2019: $357,000

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